Melt 1 stick of butter in saucepan. Combine with graham cracker crumbs. Press into 9x13 pan. Take 2 sticks of softened butter, powdered sugar, eggs, and beat for no less than 15 minutes. Pour this over the graham cracker crumbs. Place the cut bananas on top of the mixture. Spread well-drained pineapple on top of the bananas. Spread the Cool Whip on top of the pineapple and sprinkle nuts on top. Place cherries on top of nuts. Refrigerate at least 8 hours before serving.